Senate Panel to Discuss Stimulus Package Next Week

By Associated Press&nbsp|&nbsp

Posted: Thu 11:45 AM, Jan 24, 2008

CAPITOL HILL (AP) - A Senate panel has scheduled a meeting fornext week to discuss an economic stimulus package that tentativelyincludes tax rebates of $300 to $1,200 per household and businesstax cuts to jolt the slumping economy.

Montana Democratic Senator Max Baucus says he and the SenateFinance Committee's senior Republican have agreed to work quicklyand mark up economic stimulus legislation next week.

Congressional officials close to the negotiations say House Speaker Nancy Pelosi and Republican Leader John Boehner reached agreement in principle in a telephone call this morning.

The officials say the two want key members of their parties to sign off on the deal before making any announcement.

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